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SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCo reacquired 19,500 shares of

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SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCo reacquired 19,500 shares of its common stock at $22 per share. On June 9,13,400 of the reacquired shares were sold at $24 per sharo, and on November 13,5,000 of the reacquired shares wore sold at $23. Required: a. Joumalize the transactions or March 9, June 9 , and Nowember 13. b. What is the balance in Paid.ln. Conilat trom Sale of Treasury Stock on December 3t of the current year? c. What is the balance in Treasury Stock on December 31 of the current year? d. How will the balance in Treasury Stock be reported on the balance sheet? a doumalize the transactions of Manch 9, tune 9, and November 13. b. What is the balance in Paldin Caobal from Sale of Treasury Stock on December 3t of the curvent year? c. What in the balance in Treatury Slock on Decenber 31 of the cument year? d. How wit the balanoe in Theasury Stock be reported on the balance sheel

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